UK SMALLCAP ROUNDUP: Halma Returns To Acquisition Trail
22nd Jun 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps HALMA PLC (HLMA.LN) Tuesday said it is back on the acquisition trail after sales growth in Asia and savings from layoffs drove a 12% rise in fiscal-year
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -2-
22nd Jun 2010 09:29
0611 GMT [Dow Jones] PREVIEW: New Zealand's 1Q current account deficit expected to narrow, may record surplus as boosted by improvement in trade balance, according to economists. According to median forecast from Dow Jones poll of 9 economists, 1Q current account deficit at NZ$250 million vs NZ$3.57
Read moreMARKET TALK: Arbuthnot Keeps Buy On Halma On Beaten Forecasts
22nd Jun 2010 09:29
0829 GMT [Dow Jones] Arbuthnot keeps a buy rating on Halma (HLMA.LN), says fiscal 2010 revenue of GBP459.1M beat its estimate by GBP4M. Says the weak market conditions seen in industrial safety in the first half are past history. Expects to raise its estimates for the fiscal 2011 by a significant am
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
22nd Jun 2010 09:29
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0829 GMT [Dow Jones] Arbuthnot keeps a buy rating on Halma (HLMA.LN), says fiscal 2010 revenue of GBP459.1M beat its estimate
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -3-
22nd Jun 2010 09:29
0609 GMT [Dow Jones] Stronger Aussie bond prices today reflect overreaction to yesterday's announcement China will allow greater flexibility for yuan, says Rory Robertson, interest rate strategist with Macquarie. Aussie 3-year recently up 6 ticks at 95.06, 10-year up 4 ticks at 94.585. "The Chinese
Read moreMARKET TALK: Numis Increases Halma FY11, FY12 Forecasts
22nd Jun 2010 09:23
0823 GMT [Dow Jones] Numis increases Halma (HLMA.LN) fiscal 2011 pretax profit by 6% to GBP98.3 million and fiscal 2012 pretax profit also by 6% to GBP104.3 million. Says Halma's business model is exposed to less cyclical markets and geared to non-discretionary spend. Also sees plenty of headroom to
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -2-
22nd Jun 2010 09:23
0611 GMT [Dow Jones] PREVIEW: New Zealand's 1Q current account deficit expected to narrow, may record surplus as boosted by improvement in trade balance, according to economists. According to median forecast from Dow Jones poll of 9 economists, 1Q current account deficit at NZ$250 million vs NZ$3.57
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
22nd Jun 2010 09:23
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0823 GMT [Dow Jones] Numis increases Halma (HLMA.LN) fiscal 2011 pretax profit by 6% to GBP98.3 million and fiscal 2012 preta
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -3-
22nd Jun 2010 09:23
0609 GMT [Dow Jones] Stronger Aussie bond prices today reflect overreaction to yesterday's announcement China will allow greater flexibility for yuan, says Rory Robertson, interest rate strategist with Macquarie. Aussie 3-year recently up 6 ticks at 95.06, 10-year up 4 ticks at 94.585. "The Chinese
Read moreLondon open: Lower ahead of Budget
22nd Jun 2010 08:46
Footsie has opened lower ahead of the coalition government's eagerly awaited emergency budget, which will be revealed around lunchtime. Chancellor George Osborne has been vocal about making Britain competitive by cutting corporation tax so that big businesses find it worthwhile to come to the coun
Read moreINTERVIEW: Halma Sees China Sales At 10% Of Revenue In 5 Yrs
22nd Jun 2010 08:30
By Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Health and safety electronics manufacturer Halma PLC (HLMA.LN) Tuesday said it expects sales in China to account for about 10% of its annual revenue within five years. Halma, which makes sensors, fire alarms and components for m
Read moreUPDATE: Halma Seeks Buys As Fiscal Year Profit Rises 12%
22nd Jun 2010 07:51
(Adds detail.) By Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Health and safety electronics company Halma PLC (HLMA.LN) Tuesday said it has returned to the acquisition trail after sales growth in Asia and savings from layoffs drove a 12% rise in fiscal-year profit. Halma
Read moreLondon pre-open: Budget looms
22nd Jun 2010 07:37
London's top stock look set to open around 40 points lower ahead of the coalition government's eagerly awaited emergency budget which will be revealed around lunchtime. Chancellor George Osborne has been talking tough since taking office, but now he will have to play his hand and analysts will spe
Read moreHalma Seeks Acquisitions As Fiscal Year Profit Rises 12%
22nd Jun 2010 07:21
LONDON (Dow Jones)--Health and safety electronics company Halma PLC (HLMA.LN) Tuesday reported a 12% rise in fiscal-year profit, aided by layoffs and other cost savings, and said it is hunting for acquisitions. Halma, which makes products including smoke detectors, safety sensors for lift doors
Read moreHalma maintains record run
22nd Jun 2010 07:02
Electronic sensors firm Halma has produced record results for the seventh year in a row and topped analyst forecasts with an increase in adjusted profit of 9%. Profit before tax from continuing operations jumped to £86.2m in the 12 months ended 3 April, up from £79.1m in 2009, trumping expectations
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